buyers: The buyer's dilemma
- 03/25/14 03:21 AM
Hello All: Many of you I hope follow the real estate market regularly. I, of course, do it on a daily basis. And here is what I noticed from all the different market segments that influence real estate and prices (values). 1. Mortgage rates: I am sure you know the influence of interest rates on the real estate market in general and on value s , or to be more precise, on the affordability for a buyer, i.e. purchasing power. Every 1% in rate increase reduces your purchasing power by (approximately) 10%. . Buyers will look (0 comments)
buyers: Are Buyers making a mistake?
- 12/27/10 07:18 AM
It is clear to me at least, that "regular" buyers are very hesitant to buy property. Why do I mention "regular"?. Because the big boys who can pay cash for bulk are buying up properties as fast as they can. Syndicated funds are showing up left and right. So let's ask the question? What do you think they know that regular buyers do not know? I will try to answer that question here. Bulk buyers are not worried about the "bottom" in real estate. They see the numbers today, and they like what they can get, so they buy. Regular buyers do not think (1 comments)
I manage the monthly Oakland Real Estate Investment Meetings on the second Tuesday of every month at my office. We discuss current market issues and exchange real estate experiences.
You can join at http://realestate.meetup.com/376/